Issue price was Rs 903 per share, IPO had garnered 180x subscription
Non-interest income up 39% to Rs 3,588 cr, with fee income growing at 62% to Rs 2,668 cr
The private bank bellwether reported its lowest NII growth in a decade
Margins & fees improve; NPAs up YoY and sequentially
The Street, however, is bullish on revenue growth prospects this year for Mindtree as well as for the midcap IT space
Margins and cash flows to remain at elevated levels on operating leverage, minimal capex
The stock traded at $48.51 as of 4:02 a.m. in New York premarket trading, down 5.5% from its last close.
Further margin gains could be a key trigger for the stock
Jeff Bezos, the world's richest person, continues to hold more than 10% of Amazon.com.
With the Cyber Park project rents commencing, expect the growth on the rental front to remain steady
The communication on Thursday said that the auditor of the UPL Corporation (UPL's Mauritius subsidiary), KPMG Mauritius, had resigned with effect from October 8, 2020
Elcid's stock has changed hands only 31 times on the bourses in 9 years and trades at Rs 11.03, but few want to sell, as they assume its intrinsic value in lakhs. Jyotindra Dubey explains why
Sharper business focus, relatively favourable valuations also augur well for the firm
Margin of safety is the extent to which the valuation of the stock is higher than the market price. Greater the gap, greater is the margin of safety
It is justified in situations when the price has run far ahead of fundamentals, making the risk-reward ratio unfavourable
Demutualisation among Asian bourses has brought up Indian and Chinese bourses face-to-face
Most specialists, like bankers, don't hold stocks of their own sector
While volumes for the auto segment were up 11% to 1.21 lakh